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Export Inspections, Soybeans Outpacing Last Year

export sales

USDA Export Inspections

 

Corn-622,841 🔼

Export inspections are up 59,393 MT from last week’s tally. Inspections are running 36.3% behind a year-ago, compared to 34.9% behind last week. USDA projects exports in 2022-23 at 1.925 billion bu., 22.0% below the previous marketing year.

 

Corn Inspections

 

 

Soybeans-1,578,066 🔽

Export inspections are down 115,222 MT from last week’s tally. Inspections are running 3.5% ahead of a year ago, compared to 1.6% ahead last week. USDA’s 2022-23 export forecast of 1.990 billion bu. is 8.0% below 2021-22.

Soybean Export

 

 

Wheat-373,429 🔽

Export inspections are down 98,898 MT from the previous week’s figure. Shipments are running 2.8% behind a year-ago, compared with 1.5% behind a year-ago last week. USDA projects exports in 2022-23 at 775 million bu., down 3.1% from the previous marketing year.

Wheat Export INspections

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